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Kenneth Guidry Receives Lifetime Achievement Award

Kenneth Guidry

The Houston Business Journal has named Kenneth Guidry, director and founding shareholder at Houston-based IPA 200 firm PKF Texas, as its first Most Admired CEO Lifetime Achievement Award recipient.

“Kenneth Guidry epitomizes the spirit of the Most Admired CEO recognition, and it’s only fitting that he would be chosen for this inaugural recognition,” says Bob Charlet, market president and publisher of the Houston Business Journal. “His leadership was integral in the ascent of the firm to its current status in Houston. He is the consummate professional, and his legacy will also include a robust history of impact with business, community and charitable organizations.”

Guidry will be honored at the virtual Most Admired CEO event on Aug. 20.

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IPA 200 Firm Admits Patrick Mangan as Shareholder

Patrick Mangan

West Palm Beach, Fla.-based Caler Donten Levine Cohen Porter & Veil PA, an IPA 200 firm, has admitted Patrick Mangan as a shareholder.

Mangan joined the firm in 2016 and specializes in income and estate tax planning, compliance for high-net-worth clients and gift and generation-skipping transfer tax issues. He was instrumental in opening the firm’s office in Stuart, Fla., in 2017.

“In less than four years, Patrick has contributed to changes in our work environment and mentoring our staff,” says firm president and shareholder Lou Cohen. “Patrick has maintained leadership roles in improving firm processes, recruiting, networking and marketing, which in turn has had a positive impact on the firm’s development and growth.”

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Getting ‘Unhinged’ at Dean Dorton

Lexington, Ky.-based Dean Dorton Allen Ford PLLC, an IPA 200 firm, has launched the first two episodes of a new business podcast called “Unhinged.”

Hosted by director of accounting and financial outsourcing Justin Hubbard, the program presents a humorous and irreverent take on the world of business, but also offers practical thoughts and ideas for leaders and entrepreneurs. Hubbard’s guests every other week will include Dean Dorton team members as well as local, regional and national business owners.

“The goal here is to say something that gives you a good chuckle under your breath, makes you shake your head, and then realize the next day at work that what you heard makes perfect sense,” Hubbard says. “The main thing is helping your business succeed.”

“Unhinged” is available on major podcast platforms including Apple, Spotify, Google Play and Soundcloud.

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Anders to Merge in Fellow St. Louis Firm

With an eye toward expanding its financial institution expertise, IPA 200 firm Anders CPAs + Advisors of St. Louis will merge in crosstown firm Cummings Ristau & Associates, effective June 30. Partners Mark Cummings and David Ristau and all 19 staff members of Cummings Ristau will join Anders.

Formed in 1996, Cummings Ristau has strong expertise in the banking industry in Missouri and Illinois, providing audit, tax, regulatory compliance and loan review services to banks and credit unions. The firm also provides agreed-upon procedures, IT audits, bank directors’ examinations, employee benefit plan audits and internal control reviews.

“Adding a strategic partner with an established niche unique to our industry offerings is important to our vision for growth, and we found a great match with Cummings Ristau,” says Anders MP Robert J. Minkler Jr. “Given the current environment and the increasing relationship between clients, accountants and their bankers as a result of the Paycheck Protection Program (PPP) and other parts of the CARES Act, the timing of this merger will add value and expertise for clients from both firms. The role community banks and financial institutions will play in the recovery and growth of our economy has never been greater and we welcome the opportunity to provide them with the services and information they will require.”

PKF North America Launches New Advisory Group

PKF North America is launching a new venture that combines the transaction advisory and valuation practices of six North American firms in the group’s network under the umbrella of PKF Advisory. The new venture draws on the experience of consultants from IPA 100 firms Berkowitz Pollack Brant and PKF O’Connor Davies, IPA 200 firm Pannell Kerr Forster of Texas, PC and IPA 400 firm JLK Rosenberger, as well as PKF Boston and PKF Mueller.

This collective will help guide clients through the strategic, operational, regulatory and financial aspects of M&A transactions, valuations and other business advisory challenges. The group’s valuation services will include valuations for financial reporting (fair value and purchase price allocations), tax purposes and financial forensics and litigation, while transaction advisory practice areas will include pre- and post-acquisition due diligence and integration, quality of earnings analysis, carve-out assistance, bankruptcy and restructuring and market value analysis.

PKF Advisory will be led by managing director Byron Hebert, along with Christopher Hatten, Noam Hirschberger and Jonathan Moore.

“Businesses today aren’t just pursuing growth, they’re pursuing transformation across geographies, partnerships and lines of business,” says Hebert. “PKF Advisory offers companies a new and better way to minimize costs, maximize efficiencies and realize new innovations through high-touch relationships and a consistent approach by a national team with transaction advisory and valuation experts.”

IPA 200 Firm Expands Reach in Arkansas with Acquisition

Looking to expand its geographic reach and deepen its construction industry specialty, Great Bend, Kan.-based Adams Brown Beran & Ball, Chtd., an IPA 200 firm, has acquired the Jonesboro, Ark., branch of EGP, PLLC.

The branch will be led by partner Mark Burnett, who will also serve as construction team leader. All six individuals in the former EGP Jonesboro office, including branch co-leader Ron George, have joined Adams Brown.

“Our deep industry experience will be expanded with this addition to the firm,” says Adams Brown MP Brian Staats. “We are excited to have Mark help drive our strategic direction in the construction space at the same time we expand our geographic footprint into Arkansas.”

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Moore Colson Admits Geoffrey Tirone as Partner

Geoffrey Tirone

IPA 200 firm Moore Colson CPAs and Advisors of Atlanta announced that Geoffrey Tirone has been admitted as partner in its consulting practice.

In addition to his more than two decades of experience working with both private-equity groups and strategic buyers on buy- and sell-side transactions, Tirone has also led accounting teams in transitional situations in private industry. His past work spans the manufacturing and distribution, retail, financial services, energy, consumer goods and entertainment industries.

“Geoff’s extensive knowledge and experience with transactions, his passion for practice area growth and his leadership ability make him an excellent cultural fit for our consulting group,” says Moore Colson MP Bert Mills.

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Jon Shoemaker to Lead Audit and Accounting at Gumbiner Savett

Jon Shoemaker

IPA 200 firm Gumbiner Savett of Santa Monica, Calif., has named Jon Shoemaker to lead the firm’s audit and accounting practice, effective June 1.

Shoemaker is a 25-year veteran of the firm who has managed and led numerous international accounting and income tax engagements, covering both small and large‐scale audits. His middle-market private company clients span a wide variety of industries and disciplines, including manufacturing and distribution, professional services, internet commerce and employee benefit plans.

“Jon is greatly admired and respected by clients and staff alike,” says Gumbiner Savett managing director Rick Parent. “I am confident he will guide the audit and accounting department to even greater success.”

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Dean Dorton Rolls Out PPP Loan Forgiveness Assistance

Lexington, Ky.-based Dean Dorton, an IPA 200 firm, is offering new services to help clients navigate the processes and paperwork associated with Paycheck Protection Program loan forgiveness.

The firm’s services include reviewing and helping companies complete their forgiveness applications, assisting with calculations, reviewing supporting documentation and answering questions from lenders.

“When COVID-19’s impact on businesses began months ago, Dean Dorton immediately implemented a COVID-19 Solutions response team in order to help businesses assess their options to keep their businesses running and/or restart effectively,” says director of assurance services John Wurtenberger. “Our team keeps companies throughout the United States abreast of all things PPP loan-related and it is clearly a natural fit for us as advisors that we would offer our expertise to help companies maximize their forgiveness as part of the process.”

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Berntson Porter Admits Three New Partners

IPA 200 firm Berntson Porter & Company of Bellevue, Wash., announces that Kaylene Bresnahan, Rhett Ennis and David Rogiers have been admitted as partners, representing both the firm’s tax and assurance services departments.

All three have completed Berntson Porter’s “Principal Path” training and curriculum designed to identify and prepare senior managers and directors for the role of principal at the firm.

“Now more than ever our clients count on us as trusted advisors,” says CEO Bob Berntson. “These new partners answer that call and are a fantastic addition to our outstanding team of principals.”